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Erschienen in:
2012 | OriginalPaper | Buchkapitel
Market Information as a Public Good: The Political Economy of the Revision of the Markets in Financial Instruments Directive (MiFID)
verfasst von : Paul Lagneau-Ymonet, Angelo Riva
Erschienen in: Finance: The Discreet Regulator
Verlag: Palgrave Macmillan UK
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The crisis triggered by the US mortgage market meltdown in summer 2007 initially forced governments with a deep-seated belief in deregulated markets to do what they had repeatedly said they never could or would do again: namely to take stakes in financial institutions, suspend certain transactions deemed to be speculative and manipulate their currencies. Once the emergency was over, they said, they would take measures to put credit institutions and the financial system – currencies, banks and markets – back on a sound footing.